Share:

When you ask people why they are represented by a certain insurance agent, there’s a good chance they’ll tell you it's because their parents used the same one. They might start with car insurance and remain with the company when they need additional policies, such as homeowners insurance and life insurance. While one-stop shopping for insurance is convenient, are you getting the best price? Hummel Insurance Services in Oakland, IA, offers a variety of policies and will explain how to get the best deals for your coverage needs. 

What Are Bundling Discounts?

Insurance agent Oakland IAInsurance companies often use a practice called bundling — pricing multiple products together — to attract buyers from different markets. Simply put, insurance companies make money based on not only how long you are their client but how many policies you purchase. This allows them to give you substantial price breaks when you buy several policies from the same insurance carrier. When your insurance agent bundles your auto, life and home insurance policies, they can provide a reduced overall price. This is almost always cheaper than getting each policy through a different company.

Insurance Under One Roof

In addition to the significant price breaks that come from bundling, you also get convenience. Having all your policies in one place streamlines your paperwork and allows you to renew everything at once. You also might have one payment plan to simplify your finances. Best of all, if you need to make a claim, you have only one number to call — a major benefit when you’re facing a car accident or house fire.

To learn more about the advantages of having an insurance agent bundle your policies, call Hummel Insurance Services in Oakland, IA, at (712) 482-6424. Visit their website to request a quote and learn more details about their plans, including farm insurance and umbrella insurance.

tracking